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Cover Story
ExTravelMoney: Transforming The Foreign Exchange Transactions
They say necessity is the mother of invention. The idea behind ExTravel Money was born out of one such necessity among international travellers looking for easy online solutions to book forex services. An innovative technology startup in the fintech space transforming the way Indians do foreign exchange transactions, ExTravelMoney act as an online aggregator and marketplace of forex services provided by banks and RBI approved money exchange houses in India. It all began when Ashwin Narasimha and Nisanth Issac – two friends turned business partners; we are looking for foreign currency for a trip abroad in 2014. It was then that they realized buying foreign exchange online was not yet an option in India. People couldn’t book foreign currency online or place a money transfer abroad...
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